Saudi Arabia's energy minister, Abdulaziz bin Salman, asserts that recent oil production cuts are based on global demand ...
The International Energy Agency expects a significant supply shortfall for the rest of this year and says low inventories ...
Saudi Arabia and Russia, in coordinated statements, said Tuesday they would extend their cuts in oil supplies through the ...
Crude oil prices on Tuesday jumped as much as 2.7% to the highest since November after Saudi Arabia and Russia said they’re ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Saudi Arabia will extend its voluntary 1 million bpd crude ...
The International Monetary Fund (IMF) expects GDP growth in Saudi Arabia to slow further from the currently forecast 1.9% to ...
Oil supply cuts by Saudi Arabia and Russia will create a “significant supply shortfall” and threaten a renewed surge in price ...
HSBC Global Research on Friday raised its forecast for Brent oil prices in 2023 and 2024, predicting that the market would remain tight on the extension of voluntary output cuts by Saudi Arabia.
By Yusuf Khan Saudi Arabia's decision to extend cuts to crude oil output until the end of the year is likely to lead to a significant supply shortfall ...
The demand-supply imbalance comes as Saudi Arabia, OPEC's de facto leader, recently extended its production cuts. Meanwhile, Russia is extending its limits on oil exports.
Oil producers Saudi Arabia and Russia extended their voluntary oil output cuts of a combined 1.3 million barrels per day (bpd ...
HSBC Global Research on Friday raised its forecast for Brent oil prices in 2023 and 2024, predicting that the market would ...
